03-16-2009
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CITY OF EDGEW ATER
GENERAL EMPLOYEES' PENSION BOARD OF TRUSTEES QUARTERLY MEETING
DEVELOPMENT SERVICES CONFERENCE ROOM
104 N. Riverside Drive, Edgewater, Florida 32132
Edgewater, Florida 32132
AGENDA
Monday, March 16,2009 -1:00 P.M.
Pursuant to Chapter 286, F.s., if an individual decides to appeal any decision made with respect to any matter considered at a meeting or
hearing, that individual will need a record of the proceedings and will need to insure that a verbatim record of the proceedings is made.
In accordance with the Americans with Disabilities Act, persons needing assistance to participate in any of these proceedings should contact
City Clerk Bonnie Wenzel, 386-424-2400, Ext# 1101, prior to the meeting.
I. CALL TO ORDER/ROLL CALL/DETERMINATION OF A QUORUM
II. APPROVAL OF MINUTES - Quarterly Meeting - December 11, 2008
m. NEW BUSINESS
1. Initial Hearing - consideration of claim filed by Liz McBride
2. Principal contract amendment (November 2008) for approval/execution
3. Discussion/action: Review of Principal Plan Document provision for member
contribution refund with reduced retirement benefit (related to retirement
calculation issues)
4. Report from Administrator/Actuary: retirement calculation on terminated, vested
member
5. Heart Act Operational Summary (Principal)
6. Recommendation to City Manager/City Council for Board appointments (the
o terms of Trustees Rhodes, Laramore, and Sopko ended on February 5, 2009)
IV. REPORTS (ATTORNEY/CONSULTANTS)
1. The Bogdahn Group, Performance Consultant
2. Foster & Foster, Actuary
. Presentation: 2008 valuation
3. H. Lee Dehner, Plan Attorney
4. Sheila Hutcheson, Plan Administrator
V. PROCESSED DISBURSEMENTS/RETURN OF CONTRIBUTIONS and
DEPOSITS
DISBURSEMENTS
1. Sheila Hutcheson, plan administration fees (December, 2008, January, February,
2009) -$2700.00 ($900/month); postage/mileage expense - $24.26
2. Christiansen & Dehner, professional legal fees, $116.00; $1535.31; $87.00
3. The Bogdahn Group, performance consultant fees, 4th quarter, 2008 - $2500.00
4. IRS qualification filing fee - $1000.00
DEPOSITS
None
VI. STAFF REPORTS, DISCUSSION, AND ACTION
VII. TRUSTEES' REPORTS, DISCUSSION, AND ACTION
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VID.
REQUESTS FROM THE PUBLICIEMPLOYEES PRESENT
IX. ADJOURNMENT